Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 4.25% is 19% above its 5-year average of 3.56%, around the middle of its 5-year range (-0.66%–9.53%).
12.44% above its 12-month average of 3.78%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-28): 9.53%.
OPERATING MARGIN
4.25%
OPERATING MARGIN AVG TTM
3.78%
OPERATING MARGIN AVG 3Y
2.86%
OPERATING MARGIN AVG 5Y
3.56%
OPERATING MARGIN AVG 10Y
N/A
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+12.44%
CURRENT VS 3Y AVG
+48.41%
CURRENT VS 5Y AVG
+19.27%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
5.40%
median of 220 covered companies
CURRENT VS SECTOR MEDIAN
-21.37%
vs the sector median at left
First Watch Restaurant Group, Inc.
Market Cap
$646.13M
Operating Margin
4.25%
TTM Avg
3.78%
3Y Avg
2.86%
5Y Avg
3.56%
Market Cap
$625.39M
Operating Margin
2.24%
TTM Avg
1.07%
3Y Avg
-5.58%
5Y Avg
-1.68%
Market Cap
$604.06M
Operating Margin
16.43%
TTM Avg
13.91%
3Y Avg
15.87%
5Y Avg
19.64%
Market Cap
$693.91M
Operating Margin
32.79%
TTM Avg
31.97%
3Y Avg
32.11%
5Y Avg
30.87%
Market Cap
$713.17M
Operating Margin
1.28%
TTM Avg
3.83%
3Y Avg
4.81%
5Y Avg
5.91%
Market Cap
$489.33M
Operating Margin
-0.99%
TTM Avg
-3.26%
3Y Avg
-1.72%
5Y Avg
-9.80%
Market Cap
$811.04M
Operating Margin
-35.64%
TTM Avg
-15.75%
3Y Avg
-6.86%
5Y Avg
2.00%
Market Cap
$476.45M
Operating Margin
2.59%
TTM Avg
3.29%
3Y Avg
7.14%
5Y Avg
10.59%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Watch Restaurant Group, Inc. (FWRG) | $646.13M | 4.25% | 3.78% | 2.86% | 3.56% |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $625.39M | 2.24% | 1.07% | -5.58% | -1.68% |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $604.06M | 16.43% | 13.91% | 15.87% | 19.64% |
| Legacy Housing Corporation (LEGH)vs › | $693.91M | 32.79% | 31.97% | 32.11% | 30.87% |
| Bloomin' Brands, Inc. (BLMN)vs › | $713.17M | 1.28% | 3.83% | 4.81% | 5.91% |
| Kura Sushi USA, Inc. (KRUS)vs › | $489.33M | -0.99% | -3.26% | -1.72% | -9.80% |
| Fox Factory Holding Corp. (FOXF)vs › | $811.04M | -35.64% | -15.75% | -6.86% | 2.00% |
| MasterCraft Boat Holdings, Inc. (MCFT)vs › | $476.45M | 2.59% | 3.29% | 7.14% | 10.59% |
| Arko Corp. (ARKO)vs › | $473.98M | 1.40% | 1.21% | 1.38% | 1.57% |
| Johnson Outdoors Inc. (JOUT)vs › | $467.83M | 2.66% | -2.73% | -2.77% | 3.09% |
Gross Margin
13.0%
Operating Margin
4.3%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-28 | 9.53% |
| 2026-03-29 | 0.82% |
| 2025-12-28 | 3.00% |
| 2025-09-28 | 3.18% |
| 2025-06-29 | 2.38% |
| 2025-03-30 | 0.39% |
| 2024-12-31 | 1.47% |
| 2024-09-29 | 2.51% |
| 2024-06-30 | 6.36% |
| 2024-03-31 | 5.07% |
| 2023-12-31 | 2.80% |
| 2023-09-24 | 3.53% |
| 2023-06-25 | 5.24% |
| 2023-03-26 | 7.25% |
| 2022-12-31 | 0.80% |
| 2022-09-25 | 1.40% |
| 2022-06-26 | 2.74% |
| 2022-03-27 | 4.48% |
| 2021-12-31 | -0.66% |
| 2021-09-26 | 4.54% |
| 2021-06-30 | 8.00% |
| 2021-03-31 | 3.02% |
| 2020-12-31 | -4.32% |
| 2020-09-30 | -8.64% |
| 2020-06-28 | -25.42% |
| 2020-03-28 | -25.42% |